You Won the Job. But Is the Job Making Money?
A project can look profitable on paper until labour runs over, material costs increase, or subcontractor expenses eat into your margin.
When your books aren't keeping up with your jobs, it's easy to miss where the money is going.
Where Margin Disappears
Costs Add Up Fast.
Labour Overruns
Hours add up quickly. Without accurate tracking, labour can quietly cut into your project margin.
Material Costs
Changing material prices and untracked purchases can make profitable jobs less profitable.
Subcontractor Expenses
Subcontractor costs, payments and T5018 reporting need to be properly tracked and organized.
Change Orders & Extra Work
Additional work means additional revenue — but only if it's properly recorded and billed.
Unclear Project Margins
If you don't know what each project is actually costing you, it's difficult to know what you're really earning.
Know Where Every Project Dollar Goes.
Our Support
Track Job Costs
With detailed bookkeeping and job costing, track labour, materials, subcontractors and project expenses.
Protect Project Margins
Through financial reporting and bookkeeping, see project profitability and spot cost overruns early.
Keep Cash Flow Visible
With cash flow tracking and financial reporting, know what’s coming in, going out and what’s available.
Stay on Top of Payments
With accounts payable, receivable and payroll support, keep bills, invoices and employee payments on schedule.
Keep Tax Records Ready
With tax preparation and compliance support, maintain accurate HST/GST, T5018, payroll and year-end records.
Don't Just Track Money. Keep More of It.
Ledgernet helps you track project costs, spot unnecessary expenses, protect your margins and make sure you don't leave money on the table.
Why Ledgernet
Built Around the Way Contractors Actually Works
✔ Confident compliance
✔ Canadian-specific expertise
✔ Plain-language reporting
✔ No confusing jargon
✔ Contractor-Focused
✔ QuickBooks expertise
✔ Scalable financial systems
Spend Less Time Managing the Books. More Time Making the Business Money.
When your bookkeeping is under control, you can focus on what actually grows your contracting business.
How It Works
Getting Your Books Back on Track Is Simple.
01
We start with a conversation about your jobs, your trade and how you currently track money.
Tell Us About Your Business
02
We Review Your Existing Processes
We look at your current books, systems and reporting to see what's working and what isn't.
03
Ledgernet Puts the Right Processes in Place
We set up job costing, payroll and reporting built around how your business runs.
04
You Focus on the Job. We Keep the Numbers on Track.
Ongoing support keeps your books current, so you always know where you stand.
Your Business Deserves Books You Can Rely On.
★★★★★
"We used to find out a job went over budget months after it wrapped. Now we know while there's still time to fix it."
General Contractor, Ontario
★★★★★
"Job costing finally makes sense. We can see exactly what each project cost us in labour, materials and subs."
Renovation Company, Alberta
Questions Contractors Ask About Bookkeeping.
FAQs
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Yes. Ledgernet provides job costing for contractors, helping you track labour, materials, equipment, subcontractor costs, and other project expenses. This gives you a clear picture of each project's actual costs and profitability, helping you identify overruns and make better pricing and budgeting decisions.
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Yes. Ledgernet can help contractors manage subcontractor payments, expense records, and T5018 reporting for eligible subcontractors. We keep payment information organized throughout the year, making year-end reporting more efficient and helping you maintain accurate contractor records.
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Yes. Whether your construction bookkeeping is a few weeks or several months behind, Ledgernet can help bring your records up to date. We can organize transactions, reconcile accounts, review outstanding items, and catch up your bookkeeping so you have accurate financial information to work with.
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Yes. Ledgernet supports contractor payroll bookkeeping and CRA remittances, including tracking payroll deductions such as CPP, EI, and income tax. We help keep payroll records organized and ensure required remittances are properly tracked and prepared on time.
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Ledgernet works with popular accounting and bookkeeping software, including QuickBooks Online and other cloud-based platforms used by Canadian contractors. We can work with your existing setup where possible and help maintain accurate, organized financial records.
Your Next Project Should Be Profitable. Not Just Busy.
You've got enough to manage on the job site.
Let Ledgernet handle the bookkeeping support behind the scenes, so you can spend less time chasing numbers and more time running profitable projects.
Track your costs. Protect your margins. Keep more of what you earn.
Serving contractors and businesses across Canada.